Beginning this year, Microsoft created a stir in the business community by implementing one of the most zealous and comprehensive initiatives to reduce carbon emissions from the company’s services.
One component of the strategy was a $1 billion investment in decarbonization-focused climate change mitigation technologies.
The Approach
There were little specifics available at the time, but it appears that the plan is getting clearer now that it is starting to become clearer who will be in charge of the programme.
References and investigation into Brandon Middaugh’s LinkedIn page reveal that he now holds a point on the investment fund.
Middaugh has been employed by Microsoft for more than four years, during which time she contributed to the creation of the company’s climate policy as one of its designers.
Middaugh oversaw the distributed power strategy in her previous position as a member of the company’s Cloud Energy and Sustainability unit. She also helped to establish a partnership between Microsoft and the PJM, an East Coast local transmission organisation that manages the power network for much of the Northeastern and Mid-Atlantic region of the United States.
Some people who have analysed the company’s finances believe that Middaugh is moving forward with taking a position on the use of the $1 billion fund that Microsoft said in January.
Increasing the carbon charge the company has placed on its direct radiation across its supply and utility chains is one aspect of the strategy.
By supporting plans and technologies that can reduce radiations with a modern generation or efficiency technologies, or capture and extract carbon from the atmosphere, the $1 billion funds is a part of the fight to reduce radiations from suppliers and consumers.
Activities of Other Businesses
Amazon made a promise at the end of the previous year to switch to 100% renewable electricity by 2030 and achieve net-zero carbon emissions by 2040.
Alphabet has been developing renewable energy initiatives under its moonshot business in the meantime, and it has long been an investor in technologies that help the environment, such as using renewable energy to power its services.
If the world is to decrease the immediate effects of extreme climate change, all of these tasks will require additional effort from businesses and financial institutions across every industry.
